Did you know that there is a formula for earning wealth online? The great thing about affiliate marketing is you can earn multiple streams of income on autopilot using technology. You need to find your niche. What products or services do you want to market. If you are in the network marketing home business industry then you want to find a successful mentor who has created his/her own products. Most of the time they will have their own affiliate program. An affiliate program is nothing more than signing up for a right to market their products. When a product sells you earn a commission or residual commission. It’s that simple.
The trick to becoming successful at affiliate marketing is knowing the correct formula to use. The first thing you need to do before signing up for any affiliate program is to do your research. Is the product you will be marketing any good? Try to find ‘dirt’ on the program. What are other people saying. Sometimes this can be a good way to decide if you want to become an affiliate partner or not. Buy the product yourself and let it sell you. Would you use the product, could you feel comfortable recommending the product. Does the affiliate program offer banners, links, and ads to help you market?
Once you have completed your research it’s time to sign up and move to step two of the Formula. You must use your own online ‘MARKETING SYSTEM.’ All successful affiliate marketers use marketing systems to sell products and services on autopilot. I’m about to share with you the exact formula I used for earning over $2,000 in 3 days on autopilot.
Think of a funnel and imagine filling that funnel with interested prospects. As they enter the funnel they are systematically taken through marketing phases that spit out customers on autopilot on the other side of the funnel. What are these marketing phases? Well to begin we must generate web traffic. This is taking what we have to offer and putting it in front of targeted prospects. For example, network marketing and home business opportunities are all over the Internet. If I’m marketing a course that teaches how to earn money on Facebook then I want to target my marketing to other network marketers or the home based business industry. There are many ways to do this and I’ll only list a few. There are free ways and then paid ways.
The most common ways to market online for free are: Blogging, Forum marketing, Article marketing, Video marketing, Search engine optimization, and Social marketing (MySpace, Facebook, Squidoo).
A highly effective marketing system is one that converts leads to prospects. An effective marketing system starts with a lead capture page (squeeze page) and a back end email marketing campaign. You can go to Aweber.com or Getresponse.com and sign up for your auto responder. They are both good companies.
You will then be able to create a series of emails with links to your offers which will be sent out to all of your prospects on autopilot. A squeeze page is a website that’s only purpose is to lead your prospects down the web page and opt in for your email list. A good squeeze page has web copy that speaks from the heart and is conversational in nature. Your web copy should speak to your prospects about a problem or a solution to a problem that they have and the importance of opting in for your newsletter or offer.
Ok, so you started marketing your squeeze page and someone opted into your list. Why build a list? Your list is valuable. Think about the power of email marketing for a minute. Through your emails you can be as conversational as you want and personable. Why do customers buy? It’s because they trust you and that your product or service will do what you say it will do. How do you build trust? Through constant communication and by sharing value with your prospects. If you take the time and offer valuable information to your prospects through a constant series of emails they will begin to respect you and trust you. You see, in marketing it’s not all about the sale. It’s about the relationship you build with your prospects while at the same time warming them up to what you have to offer. These are the best customers because they usually will be repeat customers.